YIWU CCC(SH:600415) Shang Hai Zheng Quan Bao·2025-10-20 19:16Core Points - The third unlock period for the reserved grant of the 2020 restricted stock incentive plan will expire on November 3, 2025, and the corresponding unlock conditions have been met [2][8] - A total of 27 individuals are eligible for the unlock, with a total of 698,700 shares available for unlocking, accounting for 0.013% of the company's total share capital [2][9] - The board of directors approved the achievement of the unlock conditions at the 37th meeting of the ninth board on October 20, 2025 [2][6] Summary of Related Sections Incentive Plan Approval Process - The incentive plan was approved by the board and supervisory committee in October and November 2020, with independent directors providing opinions on the legality and compliance of the plan [3][4] - The plan received approval from the local government asset supervision office in November 2020 [3] - The names and positions of the proposed incentive objects were publicly announced within the company, with no objections raised during the public notice period [4] Unlock Conditions and Procedures - The third unlock period is defined as the first trading day after 48 months from the completion of the grant registration until the last trading day within 60 months [8] - The unlock conditions have been met, allowing the company to proceed with the unlocking of shares for the eligible individuals [9] Opinions from Committees and Advisors - The remuneration and assessment committee confirmed that the unlock conditions have been met and that the actions taken are in compliance with relevant laws and regulations [9] - Legal opinions confirm that necessary approvals and authorizations have been obtained for the unlocking process [10] - The independent financial advisor stated that the unlocking matters comply with applicable laws and do not harm the interests of the company and its shareholders [11]